Nationwide, 1 in 5 homeowners may qualify for a refinance under the Home Affordable Refinance Program (HARP). The government-backed program was established in 2009 to help homeowners who owe more than their homes are worth and are current on their payments refinance to a lower interest rate or more stable mortgage.
HARP has seen significant improvements since its creation, making it easier for more homeowners like you to qualify. If you’ve tried to refinance in the past but were turned down by your lender, it is worth taking a second look at the expanded eligibility requirements to see if you qualify today. You very well may.
Continue reading “Are You Currently Eligible for a HARP Refinance?”